News | 2.8 per cent growth in the first quarter

Back

Foreign business continues to fuel Hornbach growth

First-quarter sales in all Hornbach stores increased by 2.8 per cent.

First-quarter sales in all Hornbach stores increased by 2.8 per cent.

The growth of German home improvement chain Hornbach continues to be driven by its foreign operations. In the eight countries outside Germany in which the family-owned group is active, sales in the first quarter (March to May) increased by 6.3 per cent to EUR 549.4 mio. The share of sales accounted for by Hornbach outlets abroad increased from 45.7 per cent to 47.3 per cent. Like-for-like sales net of currency items in the rest of Europe grew by 5.2 per cent.

In Germany the net sales of the Hornbach stores in the first quarter remained at virtually the level of the previous year (-0.1 per cent) at EUR 612.7 mio. Domestic sales on the same retail area declined by 0.2 per cent.

First-quarter sales in all Hornbach stores increased by 2.8 per cent to EUR 1.1621 bn and by 2.3 per cent in like-for-like terms net of currency items.

The Hornbach Group as a whole (Hornbach Holding AG & Co. KGaA group recorded sales of EUR 1.2273 bn in the first quarter, an increase of 2.7 per cent compared with the same period last year.

|25 June 2018


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Kesko sales in building and technical trade are declining

The Finnish Kesko Group closed the year 2018 with sales of EUR 4.2105 bn in its building and technical trade division. This is a decline of 4.8 per View news...

New experts support the Home Improvement eRetailer Summit

Four experts on e-commerce marketing and sales have agreed to join the advisory council of the Home Improvement eRetailer Summit. Scott Benedict is View news...

Eurobaustoff has got a first member in Sweden

Derome Aktiebolag is the first Swedish partner for the German building materials trade cooperative Eurobaustoff. The company has its headquarters in View news...

Kingfisher aims to remain in Germany with Screwfix

Kingfisher does not apparently intend to pull out of Germany with its Screwfix stores. A report on plans to pull out that was published by View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Pentrilo, painting tools

Pentrilo

Pentrilo: The future of the painting tools

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery